Millennium Hotel Durham

Millennium Hotels was founded in 1989, on the vision of its Chairman, Kwek Leng Beng, who leads Singapore’s Hong Leong Group.

CDL acquires Copthorne Hotels from Aer Lingus for £219 million, and launches its new global hotel brand, Millennium Hotels And Resorts. Around this time, the Group becomes New Zealand's largest hotel owner, with 21 hotels, and acquires a controlling stake in the Plaza Hotel in New York (the stake was sold in a landmark transaction in 2004).
The Group announces record revenues and profits for the year ending December 31, 2011, reflecting robust operating performance, as well as gains from its asset management activities.